Buy Stocks, Buy Bonds, Buy Gold, Buy VIX

From Europe's close (and end of POMO) yesterday, US equities went into hyperventilate mode as the rest of risk-assets were decidedly unimpressed. This morning, gold has snapped higher (along with other commodities as the USD deteriorates) to catch up to stocks on the week while Treasury yields continue to slide in a more risk-off manner - or did the dismal data overnight drive expectations for moar QE and buying gold, buying bonds, and buying 'protected' stocks is the order of the day? Once again it appears the equity indices (and in that way the entire US equity market of thousands of stocks) are driven by dips and rips in EUR and JPY.

Obama will fix that for you. Go back to school, take out $400k in loans and use that cash to invest in the stock market. In four years not only will you be able to pay back the loans in full, you'll be so rich, you'll never actually need a job.

WHAT GENIOUS!!!!

Wealth effect fixes all. Besides, the NASDAQ still needs one hell of a pump job to break its record by next week.

Begining around 11/13/12, both the DOW and the SP500 have been moving up along a straight line of 52 CAGR, and the RUT is at 92% CAGR. With the exception of two corrections (late Dec to early Jan, and late Feb to early Mar) all of these index are printing an almost perfect straight line along these trajectories. Even more impressive, is how after their "pullbacks," the indexes get right back to that trajectory and continue to move up along that line.

I'm still working the numbers to see how much that equates to in dollars, but my premise is that it relates to amount of QE injected each day. (I know -- No shit Sherlock). The point to this is that NOTHING else matters. Fundamentals don't matter. Geopolitical issues don't matter. Cost of commodities don't matter. All that matters is how much money the central bankers, in aggregate, are printing.

The US mint has sold over 12.5 million ounces of silver eagles so far this year, and is on pace to smash the previous record of 40 million ounces in 2011. This unprecedented level of demand is going to have to push up the price eventually.

In startling testimony before the Commodity Futures Trading Commission in 2010, Bill Murphy of the Gold Anti-Trust Action Committee laid out a blistering expose of the systemic manipulation of the precious metals markets with the participation of some of the highest ranking economic officials in the US government:

“As an executive at Goldman Sachs in London, Robert Rubin developed an idea to borrow gold from central banks at minimal interest rates (around 1 percent), sell the bullion for cash, and use the cash to fund Goldman Sachs’ operations. Rubin was confident that central banks would control the gold price with ever-more leasing or outright sales of their gold reserves and that consequently the borrowed gold could be bought back without difficulty. This was the beginning of the gold carry trade.

“When Rubin became U.S. treasury secretary, he made it government policy to surreptitiously operate an identical gold carry trade but on a much larger scale. This became the principal mechanism of what was called the “strong-dollar policy.” Subsequent treasury secretaries have repeated a commitment to a “strong dollar,” suggesting that they were continuing to feed official gold into the market more or less clandestinely to support the dollar and suppress interest rates and precious metals prices.”

Who still believes that registration doesn't lead to confiscation? Kali is a prime example, and expanding the universe of "undesirables" by bureacratic fiat will lead to more confiscations. Coming soon to a state or country near you. Don't believe it? Listen to the ravings of Feinswine in the Senate hearings yesterday concerning veterans. Yet they wonder at the rush to arm up by the hoi polloi.

I just bought out Wal*Mart of all their 12 guage shells, around 900 they had left....later I'll start dumping out the #7 shot, melting them and molding into 32 cal balls and reloading them as buckshot.

DosZap! I really feel that I missed the boat by not buying big when the gittin´ was good. I did see that CTD had 7.62 * 39 (Tula only, by the case of 500) for sale, maybe I will just buy some of that when I get back (but that leaves a paper trail...). I wish that I had bought a couple thosand more rounds back when they were cheap, and, erm, available...

1. It's propaganda, 2. There is a kernel of truth in it, insofar poverty is up and real (U6) unemployment is still in the double-digits, and 3. If we've had 'progress' and technology for over 100 years, then how come not everyone is at least comfy, cozy?

Those holding stocks will get burned (especially Google stock). Just wait till the Jewish mob decides to sell this market off after they are all short the market and sucked in the last idiot hoping for a get rich quick scheme to come true for them! Remember, you are not one of the Obama inner circles or one of the JP Morgan or Goldman crime families, you are a common man who must work and pay taxes to fund their fun and theft and play by the rules while your government plans you annihilation either through drones, or to gun you down if you disobey them.

This is a game for Warren and his corrupt banking friends, they love to lie to the American public and play them for the fools they are. If Buffett didn’t have the USA taxpayers as a backstop, he would be selling newspapers on the corner.

If we had a real economy and real investing, metals and the market would be fine, but it is just more smoke and mirrors. Buy seeds and a still. Food, shelter and clothing are always in style. It's only time before this house of cards collapses. Our fearless rulers don't have the stomach for common sense solutions.

Without breaking the Prime Directive (of interference in the culture of e less developed planet), I think you will find that even on planet Earth this historic advice of investing one's gains in a balanced manner has worked for centuries:

Gold will have the standard 38% bounce towards 1646 before resuming course to 1200. Crude algo's and short covering,having weekly DeMark buy-stops above 1594.25 for breakfast was the cause of this mornings rally in gold. The bounce will likely continue AFTER sell-stops under DeMark weekly support at 1568.65 have been consumed. Need a print of 1552 to consider any kind of purchase.

Reversal last night in Japan and Australia. Both made new 52 week highs then turned around and finished around the lows. The Dow made another 52 week high this morning and has reversed. We'll see if this one will last.